Description

NIPPON INDIA Mutual Fund launches NIPPON INDIA QUARTERLY INTERVAL FUND - SERIES II for subscription and redemption during Specified Transaction Period from February 09-10, 2026.

Summary

BSE announces the activation of NIPPON INDIA QUARTERLY INTERVAL FUND - SERIES II on the BSE StAR MF Platform for the Specified Transaction Period (STP) from February 09-10, 2026. The fund offers six plan variants across IDCW and Growth options in both regular and direct categories. Transactions will be accepted during normal business hours with specific payment restrictions on MICR Cheque, Nodal and OTM payments.

Key Points

  • NIPPON INDIA QUARTERLY INTERVAL FUND - SERIES II activated for Specified Transaction Period
  • Six scheme variants available: IDCW Plan (Payout/Reinvestment) and Growth Plan in both Regular and Direct categories
  • All schemes categorized as DEBT funds
  • MICR Cheque, Nodal and OTM payments not accepted during the transaction period
  • Clear funds must be received before 2:30 PM on transaction dates, otherwise refunded
  • NAV applicable based on cut-off timing prescribed by date and time of receipt

Regulatory Changes

No regulatory changes introduced. This is a standard operational circular for fund activation.

Compliance Requirements

  • Members must accept subscription/redemption requests during normal business hours from February 09-10, 2026
  • MICR Cheque, Nodal and OTM payment modes must not be accepted for this fund during the STP
  • Clear funds must be received before 2:30 PM on the specified dates
  • Funds not received by the deadline must be refunded to investors after AMC/RTA rejection
  • NAV application must follow prescribed cut-off timing based on transaction receipt time

Important Dates

  • February 06, 2026: Notice date
  • February 09, 2026: STP start date - subscription/redemption window opens
  • February 10, 2026: STP end date - subscription/redemption window closes
  • 2:30 PM (both dates): Deadline for clear funds receipt

Impact Assessment

This circular has minimal market impact as it relates to the operational activation of a specific interval fund scheme. The impact is limited to:

  • Investors interested in NIPPON INDIA QUARTERLY INTERVAL FUND - SERIES II can participate during the two-day transaction window
  • BSE StAR MF platform members need to configure systems to accept transactions for the six scheme variants
  • Payment processing teams must enforce restrictions on MICR Cheque, Nodal and OTM payments
  • No impact on equity markets or broader market operations

The interval fund structure provides quarterly liquidity windows, making this a routine activation for a predetermined transaction period.

Impact Justification

Routine activation of an interval fund for a limited transaction period. Impacts only investors interested in this specific mutual fund scheme.